On 14th July 2015 Rolta Power Pvt. Ltd. and China-based Zhenfa New Energy Science and Technology Co. Ltd. have signed an MoU to conduct and capitalize on joint EPC opportunities and project developments in the flourishing solar industry of Indian subcontinent.
´As per the MoU, the partnership enables us to share our revenue with Zhenfa, a win-win scenario for both the companies,´ said, Dr. Aditya K Singh, Managing Director, Rolta Power Pvt. Ltd. He further commented, ´With our 2020 vision, we believe that through this partnership we can together install at least 2GW by the year 2020 and generate revenues of approximately USD 2.03 Bn. or about Rs. 13,100 crore´.
Zhenfa´s chairman, Zhenfa Zha said, ´We have been exploring the Indian market for some time and are happy to have found the right and able partner like Rolta Power for our India interests. We will bring our extensive EPC skills and advanced technologies to construct utility scale solar stations, supplying electricity to millions of consumers in India and play an essential and responsible role to help alleviate the severe shortage of power supply and improve the ecology´. These projects will also serve Indian society, by creating over 2000 jobs.
Contacts: Akshata Mhatre, Assistant Manager, Corporate Communications, Rolta Power Pvt Ltd , Rolta Tower A, Rolta Technology Park, MIDC, Andheri (East), Mumbai 400093, Maharashtra. T: 022-61956600, M: 9867873010, firstname.lastname@example.org